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2023-09-27 20:01:32

Emeritus Prof Christopher May on Nostr: Some of us are storing up problems for the future... for those lucky enough to have a ...

Some of us are storing up problems for the future... for those lucky enough to have a private #pension, the temptation to withdraw money to cover current expenditures (driven by #inflation & the #Costoflivingcrisis) is growing.

The withdrawals are rising year on year at around 17%... while this is a problem that many might wish they had, for those raiding their pension pots, given we generally under-contribute to pensions (if we have them), this looks to be a potential problem down the road
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